The Association of Asia Pacific Airlines (AAPA) has released its preliminary traffic figures for the month of August, which showed encouraging growth in international air passenger demand. Meanwhile, the solid expansion in international air cargo markets continued unabated. Growth in both markets was supported by high business confidence levels across the services and manufacturing sectors in major advanced and emerging economies. This month also saw the region's … [Read more...] about Association of Asia Pacific Airlines releases August traffic results
Associations
HK Express first LLC to have representative in IATA JSAG
Hong Kong’s only low-cost carrier (LCC) HK Express airline’s General Manager for Network Planning and Scheduling, Stephen Milstrey, has been appointed to the International Air Transport Association’s (IATA) Joint Slot Advisory Group (JSAG). This appointment follows his re-election as an IATA Slot Policy Working Group (SPWG) committee member for a further two-year term. HK Express is the first LCC with a representative appointed to the JSAG. Stephen commenced his role within both … [Read more...] about HK Express first LLC to have representative in IATA JSAG
July shows four times higher than average y-o-y increase
According to the International Air Transport Association (IATA) data released for global air freight markets, the demand measured in freight tonne kilometers (FTKs), increased by 11.4% in July 2017 compared to the same period a year ago. This was the fourth time in five months that double-digit annual growth was recorded. July’s year-on-year increase in demand is nearly four times higher than the ten year average growth rate of 3.1%. Freight capacity, measured in available freight … [Read more...] about July shows four times higher than average y-o-y increase
Qatar Airways chief executive elected chairman of IATA’s BoG
Qatar Airways Group chief executive, His Excellency Mr. Akbar Al Baker, has been elected Chairman of the Board of Governors (BoG) of the International Air Transport Association (IATA), effective June 2018. The rotating one-year term will commence at the end of IATA’s 2018 annual general meeting (AGM) in Sydney and will continue until the end of its 2019 AGM. H.E. Mr. Al Baker will succeed current IATA BoG Chairman Mr. Goh Choon Phong, chief executive officer of Singapore … [Read more...] about Qatar Airways chief executive elected chairman of IATA’s BoG
IFACP – new IATA FIATA Air Cargo Program – launches in Canada
The new IATA FIATA Air Cargo Program (IFACP) which has officially been launched in Canada, will be rolled out globally and jointly managed by forwarders and airlines. The IFACP Freight Forwarder Agreement will govern the relationship between freight forwarders and air carriers participating in the Program. A new IATA-FIATA Governance Board (IFGB) has been established to run the Program, which provides a framework of industry standards that are relevant and in line with best … [Read more...] about IFACP – new IATA FIATA Air Cargo Program – launches in Canada
Air cargo experiences strongest first half year growth since 2010
The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), grew by 10.4% in the first-half of 2017 compared to the first-half of 2016. This was the strongest first half-year performance since air cargo’s rebound from the Global Financial Crisis in 2010 and nearly triple the industry’s average growth rate of 3.9% over the last five years. Freight capacity, measured in available … [Read more...] about Air cargo experiences strongest first half year growth since 2010